HR 3471
Workforce Investment Disclosure Act of 2021
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Workforce Investment Disclosure Act of 2021 requires publicly traded companies to annually report detailed information about their workforce management policies, practices, and performance to the Securities and Exchange Commission. This includes data on demographics, temporary workers, turnover rates, skills, health and safety, compensation, and benefits. The goal is to provide investors with a clearer understanding of how companies are investing in their workers and to promote greater transparency and accountability in workforce management practices. The bill also establishes a process for the SEC to exempt emerging growth companies from certain disclosures.
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Primary sponsor
Cynthia Axne
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